EBay: No plans to offer free credit checks after breach

Friday, 23 May 2014 | 4:51 PM ETReuters

SHARES

Odd Andersen | AFP | Getty Images

Devin Wenig, eBay

EBay said Friday that it has no immediate plans to compensate its customers or offer them free credit monitoring after news surfaced that hackers had gained access to about 145 million of its users records earlier this month.

EBay is being probed by at least three states for the incident.

The announcement comes after New York state Attorney General Eric Schneiderman urged EBay to provide free credit-monitoring services to customers impacted by this breach.

Executives said they did not initially realize that customer data was compromised when it discovered a network breach in early May.

"For a very long period of time we did not believe that there was any eBay customer data compromised,'' eBay's global marketplaces chief, Devin Wenig, said in the first comments by senior executives since the company disclosed the breach earlier this week.

"When we found out that there was we moved swiftly to disclose,'' he added.